Congress Encouraged to Take Action on Internet Gaming Regulation - Friday 25th of April 2008
Prime Table Games, a Las Vegas
based casino game development company, today ran a full-page statement in
the global edition of The Wall Street Journal to coincide with a
Congressional hearing scheduled for April 2, 2008 related to proposed
regulations to the Unlawful Internet Gambling Enforcement Act (UIGEA).
The statement in The Wall Street Journal, entitled "Who Will Face the
Issues," is an outline of regulatory problems with international Internet
gaming, particularly as they relate to gaming fraud, consumer protection,
and protection of intellectual property rights.
"It is well known that there are off-shore based Internet gaming
operators who are engaged in deceptive practices with American consumers
and international players, and there is no adequate system in place to
ensure full and appropriate regulation," said Derek Webb, founder of Prime
Table Games. "Congress needs to take action soon, or these practices will
only get worse."
The House Subcommittee on Domestic and International Monetary Policy,
Trade and Technology will be addressing issues involving Internet gaming on
April 2 at 10 a.m. EDT. Prime Table Games published statement encourages
Congress to adopt specific regulatory strategies for consumer protection in
These regulatory strategies include limitations on solicitations and
incentives to gamble, such as bonuses and cash backs; prohibition of
affiliate relationships; standard player verification procedures. Players
also should be able to self-exclude from Internet gambling sites, and those
requests should automatically apply to all sites.
In addition, Internet gambling debts should not be legally recoverable,
and the site operator should bear the responsibility to ensure identity
verification and that the player can afford to gamble at the level played.
A player not paying gambling debts should automatically be placed on an
exclusion list from all Internet gambling sites.
"Internet gaming, by its very nature, has great potential for abuse,"
said Webb. "Site operators also should pay fees towards problem gambling
treatment and research."
Prime Table Games is a small development company that creates content
for casino games, including "Three Card Poker," and "21+3." The company can
be contacted at firstname.lastname@example.org.
Other news from around the same time
Las Vegas wild card trashes Atlantic City - Friday 25th of April 2008
Sheldon Adelson, the richest man in Las Vegas, at a benefit for John McCain at the Venetian last wee....
Visitor arrivals jumped to 27 million last year - Friday 25th of April 2008
The number of visitor arrivals last year jumped to just under 27 million last year, up by 23 percent....
Gala puts block on Rank’s G spot - Friday 25th of April 2008
RIVAL gaming groups Gala and Rank are at loggerheads in a row over trademarks. Rank is thought to be....
Vladivostok is Likely to Lose Gambling Area - Wednesday 26th of March 2008
Vladivostok is likely to lose gambling areas in Russkiy Island. The Head of Russian Union of Manufac....
Will there be enough Sporeans for casino jobs? - Tuesday 25th of March 2008
THREE out of four jobs at its casino have been pledged to Singaporeans but this is a quota the Marin....
Don’t ruin our social lives: Save bingo halls - Tuesday 25th of March 2008
Many elderly and female players say a visit to the bingo is a social lifeline for them where they ca....
$3 Casino Rama bet nets $8.9M jackpot - Tuesday 25th of March 2008
Steady play on a slot machine for under an hour won Anna Falco a record $9 million on the weekend.Th....
The billion-dollar men of betting - Tuesday 25th of March 2008
PUNTING with TAB Sportsbet this year will reach the previously unthinkable mark of $1 billion. Thats....
Macao rises as gambling mecca - Tuesday 25th of March 2008
At 11 in the morning, six Asian men sit hunched over baccarat tables in a room with hardwood floors,....
Lottery winner George Wass married to his sister Alice - Tuesday 25th of March 2008
A married couple who won £5.3million on the lotto are brother and sister.George and Alice Wass shar....